How Homeownership Assistance Works

When Serena Critch and her family took possession of their new home in northern Alberta, they couldn’t wait to start their lives in a property they loved. But while attempting to repair a squeaky floor board, her husband discovered that most of the first floor was covered in dangerous black mould. With four young boys and several pets, the Critch family was forced to move in with Serena’s parents while the couple figured out how they would cover the costly clean-up and renovations needed to make the house inhabitable. When everyone seemed to be turning their back on the Critch family, Genworth stepped in with a financial solution that allowed them to move back into their new home in time for the holidays.

How Genworth Canada’s Homeowner Assistance can help when your home is at risk After signing the dotted lines on a new house purchase, dreams of happily-ever-after take over. But sometimes, unforeseeable events can get in the way of those dreams. Employment issues, illness or damage can threaten homeownership. “Job loss,…

Easy solutions for getting through tough financial times By Jennifer Goldberg No matter how much we prepare by planning, saving and budgeting, tough financial situations tend to happen when we least expect them. A recent survey by Genworth Canada found that 62 per cent of Canadians are concerned about an unexpected…

A conventional mortgage in Canada normally requires a down payment of at least 20% of the purchase price. When homebuyers have less than 20% for a down payment, Mortgage Insurance allows them to secure a mortgage for their home purchase. Tailored Mortgage Insurance products from Genworth Canada can help you…